According to Billy Markus, by the time this mark is reached, the first cryptocurrency will be useless to humanity

​When bitcoin will rise in price to $100 000. Dogecoin creator’s prediction

08.11.2022 - 16:00

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2 min

What’s new? Billy Markus, the co-founder of the Dogecoin (DOGE) meme token, admitted that the bitcoin rate can reach $100 000, but by that time the asset will probably be useless for mankind. He made this statement in a discussion with a Twitter user under the nickname Madam Doge.

What else did Markus say? In her tweet, Madam Doge asked why investors are selling bitcoin despite the fact that its value, according to former MicroStrategy CEO Michael Saylor, is expected to reach $100 000. To which Markus responded:

“It’ll probably reach 100k someday but maybe we will all be dead by then and 100k would buy a sandwich.”

In June, Markus suggested that the cryptocurrency market’s decline would last about four years.

As of November 8, 15:45 UTC, bitcoin is trading at $19 354, down by 6,49% in 24 hours, according to Binance.

Earlier, the conflict between cryptocurrency exchanges Binance and FTX caused the native token of FTX (FTT) to plummet by 29%. The rate began to fall after Binance announced plans to completely liquidate its positions in FTT.

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